The Chancellor of the Exchequer’s pre-budget report told the country what he was going to do to ensure the country would steer its way out of recession and back to sustainable growth. He managed to do that by invoking fairness and justice at the recovery’s head by ensuring that those who need less and earn more, pay more in taxes as the economy grows its way back to recovery. The taxes on the Bankers bonus culture was welcomed so much the Tories were frightened to vote against them
We now know that Alistair Darling’s budget in March will have four main corner stones; 1) Protect frontline services; 2) Fair Taxes; 3) Invest in growth; and 4) Cut the public debt by half in 4 years. If any one doubts the dangers of depression look to Alex Salmond’s favoured tiger economy of Ireland who are virtually bankrupt and still cutting public services. The Labour Government will hold its nerve and give the country a choice at the election, i.e. cut or grow the economy back to growth.
New PAAE
The first quarter of the new Personal Additional Accommodation Expenditure (PAAC) is a better judge of how Parliament has made the first step to clean up the hitherto disreputable system of parliamentary allowances. The new system was implemented at the start of the summer and much of the despicable antics dreamt up by those discredited MP’s are no longer possible under the new PAAE.
Pre Budget / New PAAE
Pre Budget
The Chancellor of the Exchequer’s pre-budget report told the country what he was going to do to ensure the country would steer its way out of recession and back to sustainable growth. He managed to do that by invoking fairness and justice at the recovery’s head by ensuring that those who need less and earn more, pay more in taxes as the economy grows its way back to recovery. The taxes on the Bankers bonus culture was welcomed so much the Tories were frightened to vote against them
We now know that Alistair Darling’s budget in March will have four main corner stones; 1) Protect frontline services; 2) Fair Taxes; 3) Invest in growth; and 4) Cut the public debt by half in 4 years. If any one doubts the dangers of depression look to Alex Salmond’s favoured tiger economy of Ireland who are virtually bankrupt and still cutting public services. The Labour Government will hold its nerve and give the country a choice at the election, i.e. cut or grow the economy back to growth.
New PAAE
The first quarter of the new Personal Additional Accommodation Expenditure (PAAC) is a better judge of how Parliament has made the first step to clean up the hitherto disreputable system of parliamentary allowances. The new system was implemented at the start of the summer and much of the despicable antics dreamt up by those discredited MP’s are no longer possible under the new PAAE.